IPO● Neutral for Indian equities
Snapdeal Parent AceVector IPO Listing Today: GMP, Expected Listing Price Ahead Of Debut
The brief
- AceVector is set to list on October 5
- A ₹0.6 grey-market premium indicates an estimated listing price of ₹32.6, or 1.88% above issue price
- AceVector opens at ₹28.30, 11.56% below its IPO price
- SoftBank-backed Starfish gets ₹88.3 crore from AceVector IPO exit
- AceVector IPO subscribed 96% on second day of bidding